Ann: Shallow, High-Grades at Star of Mangaroon & Popeye, page-53

TBH.... those details are outside my scope... too many unknowns, however DT must have a fair idea.

This from 6/7 ann.






I think a conservative guesstimate AISC of ~ $2K per oz Au would/should cover the Star.... see what the grade is.
With a gold price of say A$3500.... that's A$1500 per oz profit.... and rising.

I prefer Cpagos AISC @ $1600 ... just don't want to get shot down for being to optimistic.

For ease....just tossing up numbers.... a 50,000 oz Au resource X $1500 profit per oz... ~ $A75M DRE dollars.
Gold now is A$3905... making that 75M.... $A95M profit.
My opinion only... with POG continually hitting ATH's... day after day.... and assuming we have a decent grade and MRE is that this will be a very profitable earner for DRE.
This will set DRE apart from the rest and put a foundation under the SP allowing exploration and discoveries to continue without needing further CR's.
With REE's and Nb as well I don't see a MC of ~ $200M or more out of the quest.... just need the tide to turn... and a gold MRE.